Protecting Your Money from Market Hype
Social media and the technological ease of trading today are energizing one of investors’ biggest enemies: FOMO, or the fear of missing out. More than half (57%) of Americans say they have made a financial decision after seeing others’ lifestyles online, according to a 2025 survey from Empower. And half of Americans said that seeing what others are buying on social media motivates them to spend money due to FOMO.
Of course, following the crowd, especially impulsively, goes against standard investing advice and can result in poor returns over time. But there are ways to combat the impulse to give in to FOMO. Below, we’ll walk through why you should avoid it and the alternatives to take.
Key Takeaways
- FOMO, often fueled by…
